The domain of Chinese brands in world sales of hybrid and electric cars grows

The domain of Chinese brands in world sales of hybrid and electric cars grows

With the arrival of new technologies in the automotive industry, Chinese car brands are gaining more and more participation

Mariano Fuchila

The Chinese brands They continue to gain ground by the growth of hybrid or electric vehicles. According to data from February 2025 offered by Rho Motion. Asian giant manufacturers concentrate 76 % of participation in world sales of cars with these two propulsion systems.

According to calculations from the Financial Times, based on forecasts of four investment banks and research groups, Sales of electric vehicles in China will increase this year by 20% Until exceeding 12 million units, more than twice the 5.9 million of 2022. Meanwhile, traditional car sales are expected to decrease 10% to less than 11 million vehicles, a contraction of almost 30% from 2022.

In Europe, Chinese manufacturers of Bev and PHEV (which are the vast majority) have focused their efforts on specific markets, achieving significant advances. In Germany, the largest automotive market in Europe, Chinese brands represented approximately 4% participation in this kind of cars. In the United Kingdom and France, their participation was 7% and 5%, respectively. While nations like Spain and Austria experienced an even more notable presencewith Chinese brands capturing 10% and 11% of total Phev+Bev sales in those mature markets.

Yet, Outside Europe, Chinese influence on the electrified car market is even more pronounced. In Brazil, an amazing 82% of all the BEV and PHEV enrolled in 2024 They came from Chinese manufacturers. Similarly, in Thailand and Mexico, Chinese brands obtained a 77% and 70% participation, respectively.

The BYD car brand, the best selling of China, maintained its strong start of the year, registering another jump in monthly sales in Februarywhile their rivals only endured or backed up.

Byd sold more than 318,000 totally electric and hybrid vehicles last month161% more than in the same month of the previous year and also more than January sales. The car manufacturer registered another record month of sales abroad, which reached 67,025 units.

The closest competitor of the Automobile Giant based in Shenzhen, Geely Automobile Holdings Ltd., recorded an year -on -year increase of 84% to almost 205,000 vehicles in Februarybut fell below its January total.

On the other hand, the Chinese brand Xiaomi has taken a big step in the automotive industry by selling more than 22,000 units of its SU7 electric vehicle in China, surpassing the Tesla Model 3 for about 10,000 cars, according to the latest sales figures.

This marks an important success for the brand, since SU7 is its first electric vehicle and just one year after its launch has consolidated its position as one of the best selling in the Chinese market. Meanwhile, Tesla Model 3 sales have fallen significantly, with only 8,009 units sold in January 2025, a remarkable setback against Xiaomi’s success.

Source: Ambito

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